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Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill [Table Text Block] | The following table presents the changes in the carrying amount of our goodwill (in thousands):
|  | Total
Balance as of January 1, 2022 |  | $ | 43,439 |
Goodwill acquired (1) |  | 1,493,115 |
Other (2) |  | (7,128) |
Currency translation |  | (2,560) |
Balance as of March 31, 2022 |  | $ | 1,526,866 |
_______________________________ (1) Relates to Smiths Medical acquired on January 6, 2022. (2) Other relates to measurement period adjustments related to a 2021 acquisition of a small foreign infusion systems supplier.
Schedule of Intangible Assets and Goodwill [Table Text Block] | Intangible assets, carried at cost less accumulated amortization and amortized on a straight-lined basis, were as follows (in thousands):
|  | Weighted-Average Amortization Life in Years |  | March 31, 2022
|  |  | Cost |  | Accumulated Amortization |  | Net
Patents |  | 10 |  | $ | 28,012 |  |  | $ | 17,213 |  |  | $ | 10,799 |
Customer contracts |  | 12 |  | 10,281 |  |  | 6,256 |  |  | 4,025 |
Non-contractual customer relationships |  | 8 |  | 558,579 |  |  | 47,757 |  |  | 510,822 |
Trademarks |  | 1 |  | 5,425 |  |  | 2,424 |  |  | 3,001 |
Trade name |  | 15 |  | 18,265 |  |  | 5,045 |  |  | 13,220 |
Developed technology |  | 10 |  | 581,915 |  |  | 62,220 |  |  | 519,695 |
Non-compete |  | 3 |  | 9,100 |  |  | 3,114 |  |  | 5,986 |
Total amortized intangible assets |  |  |  | $ | 1,211,577 |  |  | $ | 144,029 |  |  | $ | 1,067,548 |
Internally developed software* |  |  |  | $ | 27,162 |  |  |  |  | $ | 27,162 |
Total intangible assets |  |  |  | $ | 1,238,739 |  |  | $ | 144,029 |  |  | $ | 1,094,710 |
______________________________ * Internally developed software will be amortized when the projects are complete and the assets are ready for their intended use.
|  | Weighted-Average Amortization Life in Years |  | December 31, 2021
|  |  | Cost |  | Accumulated Amortization |  | Net
Patents |  | 10 |  | $ | 27,429 |  |  | $ | 16,764 |  |  | $ | 10,665 |
Customer contracts |  | 12 |  | 10,412 |  |  | 6,196 |  |  | 4,216 |
Non-contractual customer relationships |  | 9 |  | 57,316 |  |  | 33,004 |  |  | 24,312 |
Trademarks |  | 4 |  | 425 |  |  | 425 |  |  | — |
Trade name |  | 15 |  | 18,260 |  |  | 4,731 |  |  | 13,529 |
Developed technology |  | 13 |  | 152,893 |  |  | 49,406 |  |  | 103,487 |
Non-compete |  | 3 |  | 9,100 |  |  | 2,356 |  |  | 6,744 |
Total amortized intangible assets |  |  |  | $ | 275,835 |  |  | $ | 112,882 |  |  | $ | 162,953 |
Internally developed software* |  |  |  | $ | 25,358 |  |  |  |  | $ | 25,358 |
Total intangible assets |  |  |  | $ | 301,193 |  |  | $ | 112,882 |  |  | $ | 188,311 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | As of March 31, 2022 estimated annual amortization for our intangible assets for each of the next five years is approximately (in thousands):
Remainder of 2022 |  | $ | 104,564 |
2023 |  | 132,855 |
2024 |  | 132,216 |
2025 |  | 124,744 |
2026 |  | 123,989 |
2027 |  | 116,092 |
Thereafter |  | 333,088 |
Total |  | $ | 1,067,548 |

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